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Developer may withdraw from East Bay naval weapons station project

2016-03-26 11:43:26| Real Estate - Topix.net

After months of turmoil over the integrity of the selection process for a Concord Naval Weapons Station developer, one of the two competitors is poised to walk away from the multimillion-dollar project. During a special meeting Monday, the City Council will consider refunding Catellus Development Corp.'s $250,000 deposit, which Concord has used to cover its costs during negotiations.

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